What's the difference...
The first SB/2 had the following statement:
sec.gov
InnovaCom, Inc., a Nevada corporation ("InnovaCom" or the "Company"), is a development stage technology company based in Santa Clara, California. Its principal product focus is video compression technology (single chip, multiple chip, board and integrated solution levels). The Company has several key strategic alliances in place including those with DEC, Litton-Fibercom, Sun Microsystems, Mitsubishi Chemical, ESS Technology, Telia and others.
In the second amended one it's gone.
sec.gov
Same with the third one
sec.gov
In fact the word alliance is gone altogether, as well as any mention of the supposed partners.
What does that mean?
Interestingly, even the discussion of medical imaging as a potential market has been stricken.
You will no longer find this in the subsequent filings:
" Medical imaging, an area where InnovaCom's current alliance partner Mitsubishi Chemical is particularly strong, represents a multi-billion dollar industry, and images are increasingly becoming digital, multi-image, or motion-video representations of medical conditions. Not only motion video but single-frame materials can greatly benefit from video compression." |
